Fund Flows Stumble On Renewed Euro Worries

Flows into funds in the last week have been stumbling on worries that the Euro zone might once again descend into chaos. Flows into US Total Equity funds were particularly weak last week, despite a great earnings season.The report comes a week after it was revealed that funds attracted record numbers of investment in January.

According to a Deutsche Bank AG (ETR:DBK) (FRA:DBK) (NYSE:DB)’s report covering fund flows, the earnings season in the United States was a good one. 73% of domestic companies managed to beat the estimates Wall Street had put on their earnings, while 64% of all companies managed to beat their previous quarterly earnings...